1. watch TNX yield keep rising maybe 1.6% or higher (gold and NCM will keep dropping) . At some point stockmarket will violently react eg. 10-15% drop. This means gold and NCM will capitulate - NCM could even break covid low.
2. At this point, FED will announce that they will start buying more bonds to reduce the yield. Now thus the point you go all in a load up on 2-3 month OTM call options.
NCM Price at posting:
$24.52 Sentiment: Hold Disclosure: Not Held